Berenberg Bank set a €26.50 ($30.81) price objective on Grand City Properties (FRA:GYC) in a research note issued to investors on Monday, November 18th, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
GYC has been the topic of a number of other reports. Oddo Bhf set a €21.00 ($24.42) price objective on shares of Grand City Properties and gave the company a neutral rating in a research report on Tuesday, August 20th. Kepler Capital Markets set a €25.00 ($29.07) target price on shares of Grand City Properties and gave the company a buy rating in a research note on Monday, November 18th. Jefferies Financial Group set a €20.00 ($23.26) target price on shares of Grand City Properties and gave the company a neutral rating in a research note on Monday, November 18th. JPMorgan Chase & Co. set a €24.50 ($28.49) target price on shares of Grand City Properties and gave the company a neutral rating in a research note on Monday, August 19th. Finally, DZ Bank restated a neutral rating on shares of Grand City Properties in a research note on Monday, August 19th. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of €23.63 ($27.48).
Shares of Grand City Properties stock traded down €0.02 ($0.02) during trading on Monday, hitting €20.80 ($24.19). The stock had a trading volume of 174,765 shares. The stock has a 50 day simple moving average of €20.95 and a 200 day simple moving average of €20.89. Grand City Properties has a 1 year low of €16.61 ($19.31) and a 1 year high of €20.14 ($23.42).
Grand City Properties Company Profile
Grand City Properties SA invests in and manages real estate properties in Germany. The company engages in buying, re-developing, optimizing, and repositioning real estate properties in Berlin, North Rhine Westphalia, Dresden, Leipzig, Halle, Nuremberg, Munich, Mannheim, Frankfurt, Bremen, and Hamburg.
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